West Fraser Timber Co Ltd reports results for the quarter ended March 31 - Earnings Summary

• West Fraser Timber Co Ltd WFG.TO reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of four analysts for the quarter was for earnings of 61 cents per share.

• Revenue fell 10.3% to $1.46 billion from a year ago; analysts expected $1.54 billion.

• West Fraser Timber Co Ltd shares had fallen by 9.2% this quarter and lost 19.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 29.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the forest & wood products peer group is also "buy"

• Wall Street's median 12-month price target for West Fraser Timber Co Ltd is $108.80

This summary was machine generated from LSEG data April 22 at 09:37 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)